BlackLine (BL) Priced

Provides a cloud-based platform for automating financial reporting.

Technology - Software

IPO Performance
Latest Trade $29.47 -0.45 (-1.5%)
First Day Return 39.4%
Return from IPO 76.0%
 
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IPO Data
IPO File Date 09/30/2016
Offer Price $17.00
Price Range $16.00 - $17.00
Offer Shares (mm) 8.6
Deal Size ($mm) 146
 
IPO Data
IPO Date 10/27/2016
Offer Price $17.00
Price Range $16.00 - $17.00
Offer Shares (mm) 8.6
Deal Size ($mm) $146
 
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Business Overview
We have created a comprehensive cloud-based software platform designed to transform and modernize accounting and finance operations for organizations of all types and sizes. Our secure, scalable platform supports critical accounting processes such as the financial close, account reconciliation, intercompany accounting and controls assurance. By introducing software to automate these processes and to enable them to function continuously, we empower our customers to improve the integrity of their financial reporting, achieve efficiencies and enhance real-time visibility into their operations.
We have created a comprehensive cloud-based software platform designed to transform and modernize accounting and finance operations for organizations of all types and sizes. Our secure, scalable platform supports critical accounting processes such as the financial close, account reconciliation, intercompany accounting and controls assurance. By introducing...
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Company Data
Headquarters Woodland Hills, CA
Founded 2001
Employees 490
Website www.blackline.com
 

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